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IND ECLGS 5.0

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IND ECLGS 5.0

(Emergency Credit Line Guarantee Scheme)

Detailed Scheme Features of IND ECLGS-5.0

S No.

Parameter

Norms

Name of the Product

IND – Emergency Credit Line Guarantee Scheme (ECLGS)-5.0

Eligible Borrowers:

1. MSMEs/Non MSMEs (except Airline sector)

· All business enterprises having fund based working capital limits from the Lending Institutions as on 31.03.2026.

· The borrower’s existing credit facilities should be classified as Standard (excluding SMA-2) as on 31.03.2026 across all the lenders.

· The borrower must not be classified as an NPA with any lender as on the date of sanction and / disbursement of loan under the scheme.

· Borrowers who have availed additional credit facility under Credit Guarantee Scheme for Exporters (CGSE) are not eligible under the extant scheme upto the limit already availed under CGSE.

· List of sectors under non-MSME segment, which are excluded from the purview of the Scheme.

1. Non-Banking Financial Companies

2. Power (Generation, transmission and distribution)

3. Telecom

4. Sugar & Ethanol

5. Information Technology

6. Paper & Paper products

7. Educational Institutions

8. Beverages (excluding Tea and Coffee) and Tobacco

2. Airline Sector (Scheduled passenger airline sector)

· Business enterprises involved in the scheduled airlines sector with outstanding credit facilities (both fund based and non-fund based) from the Lending Institutions as on 31.03.2026

· The borrower’s existing credit facilities should be classified as Standard (excluding SMA-2) as on 31.03.2026 across all the lenders.

· The borrower must not be classified as an NPA with any lender as on the date of sanction and / disbursement of loan under the scheme.

Eligible Criteria

· Existing Loans sanctioned for business purpose only eligible for additional funding.

· The borrower’s existing credit facilities should not be classified as SMA-2 or above as on 31.03.2026 by any of the lender.

· Sanctioning authority must verify the borrowers Days past due status across lending institutions through CIC, to assess the eligibility of the borrower.

· MSMEs must possess a valid Udyam Registration Number.

Purpose

To provide timely liquidity support to business to sustain their operations/ project and maintain supply chains.

Validity

The scheme would be available for loans sanctioned to eligible borrowers till 31.03.2027 or till guarantees for an amount of Rs 2,55,000 crore are issued, whichever is earlier.

Nature of facility

· Term Loan.

· Separate Loan account to be opened.

Loan amount

MSMEs and Non-MSMEs (except Airline Sector):

· Additional credit up to 20% of peak fund-based working capital outstanding utilized during Q4 of FY 2025-26,(i.e between 01.01.2026 to 31.03.2026 both days inclusive), Subject to maximum of Rs 100 Cr per borrower (from the entire banking system).

Airlines Sector:

· Additional Credit Up to 100% of peak credit outstanding (FB+NFB) during the Q4 of FY 2025-26,(i.e between 01.01.2026 to 31.03.2026 both days inclusive), Subject to maximum of Rs 1,500 crore per borrower(from the entire banking system).

· Any amount beyond Rs 1,000 Cr and Upto Rs 1500 crore to be permitted only with a proportionate equity contribution from the promoters / owners.

Margin

Nil

Loan Tenor and Moratorium Period

Type of Borrower

Total Repayment

(Door to Door)- Months

Moratorium-Months

Principal Repayment

MSMEs/Non MSMEs (except Airline sector):

Airline sector

Processing charges